Market highlights January 17: Cardano stands tall, US stocks continue poor start to 2022

4 months ago 48
PR Distribution

The crypto marketplace is bearish contiguous arsenic a whole.  Jamaica plans to rotation retired its integer currency successful the adjacent fewer months and its Prime Minister expects that wrong 5 years 70% of the colonisation volition usage it.

Retail elephantine Walmart is readying to motorboat its ain cryptocurrency and has precocious filed respective trademark applications outlining its plans.

US stocks stay underwater pursuing a hard commencement to 2022, with the SPX500 losing 0.3% and the DJ30 sliding 0.88% past week.

Real property was the worst-performing US assemblage past week, with American Tower Corporation and Crown Castle International some falling much than 5%.

Top cryptos

Cardano was the lone apical 10 crypto successful the greenish implicit the past 24 hours, gaining much than 10%, and up 30% implicit the past week.

On the losing side, Polkadot fell much than 4.5% and Solana was down astir 3%. Bitcoin was trading conscionable nether $43,000 astatine clip of writing.

Top movers

Monero emerged arsenic a wide victor contiguous with gains of conscionable implicit 6%. THORChain is up astir 7%. Oasis Network continues its awesome rise. Its autochthonal token ROSE added 7% to its worth successful the past 24 hours.  

OKB, a cryptocurrency released by the OK Blockchain Foundation and Maltese crypto exchange, OKEx, is besides up 7% today. The aforesaid goes for Kava, a cross-chain DeFi lending level that allows users to get USDX stablecoins and deposit a assortment of cryptocurrencies to statesman earning a yield.

At the different extremity is Loopring with a nonaccomplishment of 6% and Kadena, which is down 8%. Ravencoin, which was gaining alongside Loopring and Kadena past week, is besides reversing wins with a diminution of 6% successful the past 24 hours.

Trending

The unrecorded Request terms contiguous is $0.355 with a 24-hour trading measurement of $86.6 million. The token has gained 24% successful the past 24 hours. 

LooksRare is simply a community-focused NFT marketplace that actively rewards traders and creators for participating. It is besides trending with gains of 16% today.

The biggest victor is the token of Avaxtars, an idle browser crippled moving connected the Avalanche Blockchain with the Play to Earn model. Avaxtars Token is up 236% successful the past 24 hours, partially connected quality of a caller concern with Kaira Network. 

Read Entire Article